Mohsen Paknejad, the Oil Minister of the Islamic Republic, stated that under a new resolution, the gasoline price for new, imported, government, and free zone vehicles will not be subject to the gasoline quota starting from mid-December, and they will have to refuel at the third rate, which is five thousand tomans per liter.
Oil Minister: New Cars Must Use Five Thousand Toman Gasoline
Iran's Oil Minister announced that new cars will no longer receive subsidized gasoline and will instead pay a higher rate starting in mid-December. This decision affects new, imported, and government vehicles, indicating a shift in fuel subsidy policy.
👥 Key Players
📰 What Happened
Iran's Oil Minister announced that new cars will no longer receive subsidized gasoline and will instead pay a higher rate starting in mid-December. This change affects new, imported, and government vehicles, indicating a shift in fuel subsidy policy.
- New cars will be charged five thousand tomans per liter for gasoline.
- This policy applies to both imported and government vehicles.
💡 Why It Matters
📚 Background
Iran has historically subsidized fuel prices to support its citizens, but economic pressures have led to reconsideration of these subsidies.
🏷️ Entities Mentioned
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Translation confidence: 85%